ANALYSIS
NQ100 Finds Support from PPIApr 14
1845 in XAUUSD is Our Target
It seems possible that the upward movements in the precious metal, which ended the descending wedge formation, will accelerate. It is likely to target the 1845 level in ounce gold, which we expect to retrace its losses until the Fibonacci 50.0 percent retracement level. The 1821 level will be the SL (stop loss) point for possible declines.
